We are seeking a motivated and detail-oriented Loan Processor to join our lending team. The ideal candidate will be responsible for managing the loan processing workflow, ensuring that loan applications are processed accurately and efficiently from submission to approval. This role requires strong organizational skills, attention to detail, and the ability to communicate effectively with clients, loan officers, and underwriters.

Responsibilities:

• Review loan applications to ensure completeness and accuracy, gathering any additional documentation as needed
• Verify the borrower’s financial information, including credit history, income, and employment details
• Communicate with borrowers to clarify information and resolve any outstanding issues related to their applications
• Prepare loan files for submission to underwriting, ensuring compliance with company policies and regulatory requirements
• Track the status of loan applications throughout the processing pipeline and provide timely updates to borrowers and loan officers
• Collaborate with other departments, such as underwriting and closing, to facilitate a smooth loan process
• Address and resolve any discrepancies or issues that arise during the loan processing stage
• Maintain accurate records and documentation for all processed loans in accordance with regulatory guidelines
• Stay informed about industry trends, loan products, and changes in lending regulations
• Assist in training and mentoring junior staff members as needed

Requirements:

• High school diploma required; associate’s or bachelor’s degree in Finance, Business, or a related field is preferred
• 1-3 years of experience in loan processing or a related field
• Strong understanding of loan products, processing procedures, and regulatory requirements
• Proficiency in loan processing software and Microsoft Office Suite, particularly Excel
• Excellent attention to detail and strong organizational skills
• Strong analytical and problem-solving abilities
• Effective communication and interpersonal skills, with the ability to build rapport with clients and team members
• Ability to manage multiple loan applications simultaneously and meet deadlines in a fast-paced environment

Work Environment:

• Office-based with potential for remote work options
• Collaborative and supportive work environment that fosters teamwork
• Opportunities for professional development and growth within the organization

Equal Opportunity Employer Statement:
We are committed to fostering a diverse and inclusive workplace. All qualified applicants will receive consideration for employment without regard to race, gender, disability, or any other protected characteristic.